Tesla CEO Elon Musk moves closer to becoming the world’s first-ever trillionaire as net worth nears $850 billion

Tesla CEO Elon Musk is inching-closer to become the world’s first-ever trillionaire, with his net worth not estimated to be $850 billion. This milestone makes Musk the first person in history to cross the massive $800 billion mark , putting him ahead of the other tech titans.

This increasing fortune of Elon Musk now exceeds that of the combined wealth of Google co-founders Larry Page and Sergey Brin as well as Meta CEO Mark Zuckerberg.This meteoric rise in the wealth of Elon Musk is mainly driven by the recent merger of his space company SpaceX and his artificial intelligence firm xAI. Together both the companies are valued ay $1.25 trillion. Analysts are of the view that this deal could further increase Musk’s fortune and will help his net worth to surpass the trillion-dollar threshold.

Elon Musk to soon gain trillionaire status

A post shared by Kalshi (web-based prediction market platform) shared a post on X (formerly known as Twitter) in which it claimed that there are 75% chances of Elon Musk becoming a trillionaire this year. In order for Musk to become a trillionaire the valuation of SpaceX would need to climb future and potentially reach $1.6 trillions, even if the Tesla stock remains flat. Despite Tesla facing challenges in auto sales and regulatory scrutiny, Musk’s diversified portfolio across rockets, AI, and energy keeps his trajectory upward.

Elon Musk owns around 12% stake in Tesla, valued at $178 billion along with stock options worth another $124 billion. These figures exclude the record-breaking pay package approved by Tesla shareholders in November, which could grant Musk up to $1 trillion in additional stock if Tesla manages to hit the ambitious ‘Mars shot’ milestones including an eightfold increase in market cap over the next decade.Speculation about Musk becoming the world’s first trillionaire has intensified. Prediction market Kalshi shows a 78% probability of Musk reaching a $1 trillion net worth before 2027. The odds rose after SpaceX merged with xAI, valuing the combined entity at about $1.25 trillion. Musk’s estimated 43% stake in the new company is worth more than $530 billion.